Altair receives Nasdaq notice |

Altair receives Nasdaq notice

NNBW staff

Altair Nanotechnologies Inc. of Reno said last week its stock might be delisted from the Nasdaq Stock Market because its price has fallen below $1 a share.

The company said Nasdaq has granted a grace period that runs through July 5. If the stock closed at $1 or more for 10 consecutive business days, Nasdaq will lift its notice of possible delisting.

Altair executives said they’re monitoring the price and will consider several options if delisting appears likely.


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